NOVAFIVES- New Issue Comment
Novafives is a French industrial engineering company, which designs and supplies machines, production lines, as well as aftermarket services (supply of spare parts, maintenance) to various end-markets such as energy, automotive, metal, logistics or aerospace. The group generated sales of €1.90bn and EBITDA of €134m (margin of 7.1%) in 2017.
Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.
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